REMENAR ROBERT J 4
4 · Cooper-Standard Holdings Inc. · Filed May 19, 2023
Insider Transaction Report
Form 4
REMENAR ROBERT J
Director
Transactions
- Award
Restricted Stock Units
2023-05-18+10,092→ 10,092 total→ Common stock (10,092 underlying)
Footnotes (3)
- [F1]These are restricted stock units (RSUs) granted to the reporting person on May 18, 2023, under Cooper-Standard Holdings Inc. 2021 Omnibus Incentive Plan, as amended and restated.
- [F2]The company, in its sole discretion, settles such RSU's by electing either to (i) make an appropriate book entry in the reporting person's name for a number of shares equal to the number of RSU's that have vested or (ii) deliver an amount of cash equal to the fair market value, determined as of the vesting date, of a number of shares equal to the number of RSU's that have vested.
- [F3]Subject to the reporting person's continued service as a director, these RSU's vest and are no longer subject to forfeiture on the earlier of the first anniversary of the grant date or the date of the first annual shareholders meeting of the company that occurs after the grant date, subject to the director's deferral election, if applicable.